TAIWAN: Far Eastern Textile To Invest $30m In Chinese Plant

Fibre manufacturer Far Eastern Textile (FET) Group announced on Wednesday it plans to invest $30 million in a new integrated yarn and dyeing plant in China's Jiangsu Province later this year. The company said it would also expand its polyester fibre producing plants on the mainland and in Taiwan as well as increase production by 25 per cent at plant in Thailand.

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